BC's new Family Law Act and how it impacts excluded property
placed in joint names or used to buy, renovate or pay down debt on jointly owned properties remains in legal turmoil.
Not exact matches
So if you
place a house that you bought before marriage under
joint names, as long as you can show the house was purchased with your money prior to marriage, you can exclude the money that you brought
in regardless of the fact that the asset was put under
joint names later.
As Lorne N. MacLean, QC top rated loss of excluded property lawyer warned
in earlier blogs,
placing property into your spouse's sole or
joint name that you have inherited, were gifted personally or that you brought into the marriage can have very nasty consequences on marriage...... Read Full Post
Alert Don't
Place Excluded Property
In Joint Names If You Don't Want To Share It Say Vancouver Richmond Mandarin Chinese Speaking Family Lawyers.
Our highly rated * Unequal Property Division Excluded Property Lawyers also warn clients not to
place excluded property
in joint names for fear the exclusion from sharing will be lost.